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3502 W Kimberly Road

Davenport, IA 52806
  • $1,695,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: QC4228273
$1,695,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Description

100% leased investment strip mall located across from super Wal-Mart in West Davenport, IA. First-class construction built in 2004. Neighbors include Super Wal-Mart, IH Mississippi Credit Union, U-Haul, Culvers, Discount Tire, Genesis Medical Center, DuTrac Credit Union, and more. C-3 zoning. NOI=$130,926. For sale at $1,695,000 (7.72% CAP rate).

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© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Campo Realty Inc.. Data last updated: 2022-01-18T23:44:52.353.
www.camporealty.com/homes/123192352
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3502 W Kimberly Road Davenport, IA 52806

  • Price: $1,695,000
  • Status: Active
  • On Site: 69 Days
  • ID#: QC4228273
0
Beds
0
Baths
0
½ Baths
1.09
Acres
2004
Built
Neighborhood:
Qcara Area
County:
Scott
Area:
Qcara Area
Property Description
100% leased investment strip mall located across from super Wal-Mart in West Davenport, IA. First-class construction built in 2004. Neighbors include Super Wal-Mart, IH Mississippi Credit Union, U-Haul, Culvers, Discount Tire, Genesis Medical Center, DuTrac Credit Union, and more. C-3 zoning. NOI=$130,926. For sale at $1,695,000 (7.72% CAP rate).
Exterior Features

Exterior Finish BrickEfis Frontage Access Paved 4LanePaved 6Lane Irregular Lot 0 Roof Construction Membrane Wall Construction Frame

Interior Features

Cooling Central AirIndividual Units Flooring Reinforced Concrete Heating GasIndividual Units Insulation Party WallsRoofSide Walls

Property Features

100 Year Flood Plain No Annual Taxes 34702 Building Description 1 StoryFree StandingMulti-Tenant Building Name Westlyn Square For Lease No For Sale Yes Foreclosure No Gross Operating Income 209093 Lease Type Net Location NeighborhoodStrip Center Net Operating Income 144804 Number Of Buildings 1 Owner Pays Structural MaintenanceRoof Ownership Corporation Possible Financing Conventional Sale Lease Includes Building Sale Rent For Sale Security System No Sewer Source Public Sewer Short Sale No Sprinkler No Tax Incentive In City Limit Tenant Pays Real Estate TaxesInsuranceCommon Area MaintSnow/LawnGasElectricWater/SewerManagement Terms Lease Other Term/Lease Total Operating Expenses 64289 Type Commercial/Cie Type1 Investment Underground Storage Tank No Water Supply Municipal/City Zoning C-3

Listing provided courtesy of Charles Armstrong of Nai Ruhl Commercial Company.
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Campo Realty Inc.. Data last updated: 2022-01-18T23:44:52.353.
 
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